Iran
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BusinessTGST declines due to low tourist arrivals
Maldives' state revenue is declining as Tourism Goods and Services Tax collections fell by MVR 110.5 million due to a drop in visitor arrivals. Disruptions in Middle Eastern air travel have slowed tourism momentum since the second quarter. It is now unlikely the country will meet its annual target of 2.4 million tourists.
BusinessSubsidy spending hits MVR 4.1 billion
The Maldives' subsidy spending has reached MVR 4.1 billion, exceeding the annual budget by 43.5%. Rising global oil prices have driven costs for fuel and electricity far beyond initial projections. Despite international advice to shift toward targeted support, the government aims to cut costs by improving electricity generation efficiency.
Business
Tourist arrival figures still lag behind last year
News
Maldives condemns Houthi attacks on Saudi Arabia
Business
Arrivals decline from major markets except Russia and China
Business
MIFCO raises skipjack tuna purchase price to MVR 21
News
"No reason for USD rate to have surged to current levels"
Business
ADB approves USD 50 million loan for Maldives' oil imports
News
Maldives condemns Houthi missile attacks on Saudi Arabia
Business
Muizzu's promise to ease dollar limits unmet as July begins
News
MNDF releases Iranian boats seized nine miles off Fiyoaree
Business
Tourist arrivals decline by 5 percent compared to last year
Business
Air India and Bangkok Airways suspend Maldives flights
Business
Foreign reserves plunge to USD 717 million
Business
Ameen disputes industry claims of $500 million loss
Business
BML collaborates with Immigration to stop misuse of cards
News
Last Tamil asylum seeker in Diego Garcia relocated to Maldives
News
Govt looking into buying oil from other countries besides Oman
News
Control Commission issues statement to defend Muizzu
News